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Tue, Oct

Greece Approves €4.2 Billion Defense Spending Plan

Greece Approves €4.2 Billion Defense Spending Plan

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Greece’s Government Council for National Security (KYSEA) has approved defense programs worth €4.2 billion, with a focus on strengthening the country’s military capabilities and developing the “Achilles Shield” defense system.

The decision was taken during a meeting on Thursday, July 23, chaired by Prime Minister Kyriakos Mitsotakis at the Maximos Mansion in Athens. The approved programs were presented by Defense Minister Nikos Dendias.

Focus on new threats and drone protection

The approved defense projects are designed to enhance the protection of Greece’s Armed Forces against modern threats, including unmanned aircraft systems.

According to government sources, the planning takes into account lessons learned from recent armed conflicts and aims to improve Greece’s ability to respond to emerging security challenges.

A key issue in the development of the “Achilles Shield” program has been the involvement of Greece’s domestic defense industry. Previous discussions between Greece and Israel focused on the level of Greek participation, with Athens seeking at least 25% domestic involvement to ensure that a significant part of production and technical expertise remains in

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